Top Stocks to Watch: Zee Entertainment Enterprises Limited, Biocon Limited, JK Cement Limited

For the stock market trading session on 06th January 2020, major support level of Nifty is expected to be in the range of 12190 to 12150 whereas major resistance level is expected to be in the range of 12300 to 12350. Considering the prevailing condition of the market, here are top stocks to watch for 06th January 2020

Zee Entertainment Enterprises Limited:

As on 03rd January 2020 share price of Zee Entertainment Enterprises Limited (ZEEL) declined over 5% intraday and closed near to its three-weeks low.  Scrip is trading below its 21, 50 & 200 Days EMAs with negative MA crossover.

Biocon Limited:

Share price of Biocon Limited (BIOCON) closed positive for fourth trading session. As on 03rd January 2020 price has opened on flat note and traded with positive sentiments throughout the day. During the session price has gained 2% intraday. Scrip is trading above its 21, 50 & 200 Days EMAs with positive MA crossover.

JK Cement Limited:

Share price of JK Cement Limited (JKCEMENT) closed positive for seventh consecutive session. As on 03rd January 2020 price has gained over 6% intraday to hit its all-time high of 1305. Price has closed above its key resistance level.

SRF Limited:

As on 03rd January 2020 share price of SRF Limited (SRF) closed positive for fourth consecutive session. During the session price traded on its fresh high of 3475.85 and closed near to it.

Aavas Financiers Limited:

As on 03rd January 2020 share price of Aavas Financiers Limited (AAVAS) opened on flat note and traded with positive sentiments throughout the day. Last week price has jumped over 10% to hit its all-time high of 2050.10 and closed near to it.

Adani Green Energy Limited:

As on 03rd January 2020 share price of Adani Green Energy Limited (ADANIGREEN) hit its 5% upper circuit for fifth consecutive session. Last week price has gained over 27%.

LIC Housing Finance Limited:

A day after it gained over 65%, share prices of LIC Housing Finance Limited (LICHSGFIN) declined over 4% and closed the week with marginal loss of 0.27%. As on 03rd January 2020 share price declined as much as 4.10% intraday.

CARE Ratings Limited:

After gain for eight consecutive session share price of CARE Ratings Limited (CARERATING) declined over 4% on 03rd January 2020 ahead of profit booking. Last week price has gained as much as 39.11% to hit its four-months high.

Sterlite Technologies Limited:

As on 03rd January 2020 share price of Sterlite Technologies Limited (STRTECH) gained as much as 6.54% intraday in morning trade a day after the company bagged a Rs 1,800-crore project for a high-speed rural broadband network in Telangana. Last week price has gained over 12%.

Multi Commodity Exchange of India Limited:

As on 03rd January 2020 share price of Multi Commodity Exchange of India Limited (MCX) gained as much as 7.39% intraday to hit its fresh 52-weeks high of 1277.95. Scrip is trading above its 21, 50 & 200 Days EMAs.

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